A report published on Tuesday indicated that BYD is preparing to start mass-producing solid-state batteries and sodium-ion cells starting in the second half of 2023. Hours later, BYD dismissed the rumors as fake news.

Li-ion batteries have got civilization so far, but the technology appears to have peaked, with an uncertain path of progress. New chemistries are needed to push the boundaries of energy density, safety, and durability. This becomes even more obvious when considering the ever-increasing price of lithium and the fact that it is becoming difficult to mine and refine without raising environmental concerns.

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Fake News Report Greatly Exaggerated BYD's Solid State Battery Progress

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